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Rare Good News from Europe
The American Interest ^
| July 3, 2012
| Walter Russell Mead
Posted on 07/04/2012 6:41:57 AM PDT by C19fan
Heres some good news from across the pond that a lot of Americans will like. Ireland is once again preparing to return international debt markets for the first time since 2010. For the Irish government, the timing is good; as the FT notes, Ireland could use the money:
(Excerpt) Read more at blogs.the-american-interest.com ...
KEYWORDS: austerity; euro; ireland
Ireland implemented austerity and you have not seen the small violin whining you hear from the Club Med countries. Culture does matter.
posted on 07/04/2012 6:42:08 AM PDT
Ireland’s debt is 1200% of GDP.Who’s going to be willing to loan them money?
posted on 07/04/2012 6:47:44 AM PDT
by Farmer Dean
(stop worrying about what they want to do to you,start thinking about what you want to do to them)
Comment #3 Removed by Moderator
Ah great, the alcoholic has cut back to 2 beers and 3 shots a day so it’s safe to let him back in the bar.
posted on 07/04/2012 8:02:42 AM PDT
(There is no such thing as Too Many Guns)
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